Saifun Semiconductors (SFUN)

[tradeologist]

Second Quarter 2016 Highlights


Total Revenue increased by 34.2% year-on-year to $287.0 million. Revenue from e-commerce services increased by 77.4% year-on-year to $189.5 million.

Operating loss was $32.8 million. Non-GAAP operating loss was $30.3 million. A description of the adjustments from GAAP to non-GAAP operating loss is detailed in the Reconciliation Statement following this earnings release.

Net loss attributable to Fang's shareholders was $40.6 million. Fully diluted loss per ADS was $0.09.

Non-GAAP net loss attributable to Fang's shareholders was $39.5million. Non-GAAP fully diluted loss per ADS was $0.08. A description of the adjustments from GAAP to non-GAAP net loss attributable to Fang's shareholders and fully diluted loss per ADS is detailed in the Reconciliation Statement following this earnings release.

GMV increased by 68% from $6.8 billion in the second quarter of 2015 to $11.4 billion in the second quarter. The following table shows GMV by quarter for the periods indicated.